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#1102
Sacramento Restaurant For Sale

Absentee run highly sought after deli franchise

$160,000
Sold
Absentee run highly sought after deli franchise
This Listing is Sold
Owner willing to play bank! Seller will finance to a qualified buyer up to $100,000 at 8% for 5 years. A qualified buyer must be willing to sign a personal guaranty that will be attached to the note.
This is your rare opportunity to own this highly sought after Deli/ sandwich franchise. The Sacramento area is �sold out� and no more franchises will be issued. This 4 year old location comes fully fixturized and is located in great center. All the expense, time and headaches of a build out have been taken care of on this turn key operation. The right buyer is energetic and outgoing with a good back ground and solid financials for the landlord; who has their finances ready to do the deal and is ready to move quickly. There is a lot of potential upside (current sales volume is $32k a month) and if worked by an owner/operator the sales can be grown, along with the profits. Add to the existing local contracts and catering for additional untapped income. Also food and labor cost control can be improved upon with the watchful eye of an owner operator. This location is located in an upscale part of Placer County and is in close proximity to High tech offices as well as surrounded by heavy daytime users and dense residential. The lease expires in February of 2015 with 2 / 5 year options; the base rent is $3967; CAM charges of $1005.

Take the next step and act quickly to complete the online confidentiality agreement to be provided with detailed pictures and the location address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities.

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
expires feb 2015 + 2 /5 yr options
Total Monthly Rent:
$3,967
Security Deposit:
$3,740

Financials

Last Year's Annual Gross:
$389,550
Last Year's Owner's Cash Flow:
$54,466
Last Year's Food Cost %:
42.2

Operations

Liquor License:
41
# of Full-Time Employees:
1
# of Part-Time Employees:
10
Hours Open:
10:00-8:00 7 days a week
Year Established:
2005

Facilities

Indoor Seating:
42
Outdoor Seating:
12
# of Parking Spots:
100
Inside Sq. Ft.:
1340

Highlights

  • Seller will finance to a qualified buyer up to $100,000 at 8% for 5 years.
  • No more Franchises will be issued in the Sacramento area
  • Business is absentee run
  • Multiple office complexes in very close proximity
  • Improve the bottom line as an owner operator
  • Be a part of a proven business model
  • Rare opportunity to own this popular franchise

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 31,156 74,781 242,684
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 11,704 27,560 88,960
2010 Persons Per Household 2.51 2.55 2.58
Median House Value $332,300 $291,107 $276,584
Income Per Household $69,703 $64,416 $65,598
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,610 3,329 6,313
2012 Number Of Employees 56,264 116,926 175,588
2012 Total Annual Payroll $1,607,275,000 $3,146,394,000 $4,143,219,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.

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